TV shopping giants QVC and HSN merge to take on Amazon

QVC, which already owned a 38 percent stake in HSN, claims the merger will boost revenues for both companies. In the face of falling ratings and declining sales, the two brands will now focus on "evolving" to fit today's retail and digital environment.

The reasoning behind this shift is a no-brainer: online shopping has overtaken traditional retail. And Amazon's unstoppable rise, in particular, has left retailers scrambling to keep up. Some (like American Apparel and J. Crew) have either gone bankrupt or suffered devastating losses. While others (like Walmart and Target) are trying to ape Amazon's delivery perks.

In February, the organization built and delivered 31 custom-built Karts in one shot. But the massive grant from Child's Play dramatically boosts GOF's ability to crank them out. By next March, the charity plans to put 262 Go Karts in some 200 hospitals in the United States and Canada.
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The event will start at 1 PM ET on next Monday, August 21st, and features a live show called "CNN's Eclipse of the Century" starring astronaut Mark Kelly, along with CNN's Space and Science correspondent Rachel Crane.
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